Is it possible for the cash budget and the pro forma income statement to have different results?

Question

Quizplus · Accepted Answer

The cash budget and pro forma income statement may have different results because they account for revenues and expenses over different time periods. The cash budget focuses on the timing of cash inflows and outflows, while the pro forma income statement presents projected revenues and expenses for a given period of time. Therefore, the results may not necessarily match up exactly.

Is It Possible for the Cash Budget and the Pro